Section 60.31. Group life insurance coverage requirement.

 

(1)  An employer who has adopted a resolution to offer a group life insurance plan under s. 40.70 (1) (a) , Stats., shall certify to the department all eligibility information specified by the department for employees eligible for group life insurance coverage on the effective date of the resolution. To verify that the participation requirement established under s. 40.70 (2) , Stats., has been satisfied, the employer shall indicate the number of employees who have completed an application for coverage. The resolution shall be effective on January 1 if the certification of the eligibility information and the number of employees applying for coverage is received by the department no later than the preceding December 15. An employer may withdraw a resolution before it becomes effective if written notice by the governing body of the employer is received by the department no less than 5 working days before the resolution becomes effective.

(2)  The department may review a participating employer's level of employee participation in the basic group life insurance plan provided under s. 40.72 (1) , Stats. If in making a review of a participating employer's level of employee participation in the basic group life insurance plan the department determines that there is no employee participation, and this is confirmed by the employer, the department may terminate the life insurance resolution adopted under s. 40.70 (1) (a) , Stats. If the department determines that employee participation has decreased below the level established under s. 40.70 (2) , Stats., the department shall prepare a list of those employers for submission to the group insurance board and the group insurance board shall determine which resolutions will be terminated. The termination of a resolution shall be effective either after the end of the third full month following the date the group insurance board or the department terminates coverage or the end of the calendar year, whichever occurs later. If a resolution is terminated under this subsection another resolution may be submitted under s. 40.70 (1) (a) , Stats., after a lapse of 6 months from the effective date of the termination.

Cr. Register, February, 1983, No. 326 , eff. 3-1-83; am. Register, April, 1984, No. 340 , eff. 5-1-84; am. (2), Register, November, 1985, No. 359 , eff. 12-1-85; am. (1), Register, September, 1986, No. 369 , eff. 10-1-86.